Robbers Invade Osun Moribund Steel Rolling Company

Date:

The dormancy of the Osogbo Steel Rolling Company in Osun State for many years despite its privatisation by the federal government has gave room for robbers’ frequent invasion to steal from the domant company.

This is as some robbers were arrested by the Osun State Command of the Nigerian Police in Osogbo.

The Commissioner of Police (CP) in the state, Ishaq Muhammad, said some of the robbers were apprehended with armoured cables and other items stolen from the company.

After the privatisation policy of the federal government, the hope of the people of Osun was that the moribund steel company would bounce back and contribute to economic growth, especially by generating employment opportunities for the youths. But the hope was dashed as the company has remained inactive several years after the privatisation.

READ ALSO  PRESIDENT BUHARI GREETS NEW IRANIAN PRESIDENT, SAYS OUR NATIONS WILL WORK TOWARDS CLOSER COOPERATION

Meanwhile, robbers are taking advantage of the situation to steal from the company which has made residents call for a review of the policy.(Dailytrust)

spot_img

Share post:

Subscribe

Popular

More like this
Related

Maradona’s 1986 World Cup Golden Ball Trophy Set For Auction |

The trophy that went to Argentina’s Diego Maradona for...

BBNaija’s Phyna Opens Up On Ex, Groovy

Many people would have thought that the relationship that...

Land dispute: Police release Ajudua on bail

A famous city socialite, Fred Ajudua, who was arrested...

Kidnappers sleep off after abducting pastor’s wife, others in Ondo

Kidnappers sleep off after abducting pastor’s wife, others in...